By Ellen Chang Apple’s new privacy setting is facing scrutiny from German regulators. Apple’s (AAPL) – Get Apple Inc. Report privacy network for its apps is being scrutinized by German regulators. Last year Apple gave the users more control on their privacy settings when they downloaded apps. The new feature is called App Tracking Transparency (ATT) and all third party apps need to receive permission from users before the companies can track their movements online for ad targeting. But the Germany’s Federal Cartel Office (FCO) has stepped in and has scrutinized this option stating that Apple c…